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We study political influence in institutions where members choose from among several options their levels of support to a collective goal, these individual choices determining the degree to which the goal is reached. Influence is assessed by newly defined binary relations, each of which compares...
Persistent link: https://www.econbiz.de/10015218839
We define the potential of multi-choice cooperative games, find the relationship between the multi-choice Shapley value and the potential, and show that the multi-choice Shapley value is consistent.
Persistent link: https://www.econbiz.de/10015218985
The principle of uncertain future: the probability of a future event contains a degree of (hidden) uncertainty. As a result, this uncertainty (in a sense, similar to vibrations, fluctuations) pushes the probability value back from the bounds to the middle of its range (from ~100% and ~0% to the...
Persistent link: https://www.econbiz.de/10015219779
paper was presented at Game Theory and Mathematical Economics, International Conference in Memory of Jerzy Łoś (1920 - 1998 …
Persistent link: https://www.econbiz.de/10015219922
A mathematical model of competitive selection of the applicants for a post is considered. There are N applicants of similar qualifications on an interview list. The applicants come in a random order and their salary demands are distinct. Two managers, I and II, will interview them one at a time....
Persistent link: https://www.econbiz.de/10015219929
This paper treats of stochastic games. We focus on nonzero-sum games and provide a detailed survey of selected recent results. In Section 1, we consider stochastic Markov games. A correlation of strategies of the players, involving ``public signals'', is described, and a correlated equilibrium...
Persistent link: https://www.econbiz.de/10015219991
This article exposes key aspects for the theoretical analysis of the political reality in Colombia in moments of severe derived social uncertainty of the conflict and the fork of serious dilemmas on the institutional order that comes from political campaigns influenced decisively by the...
Persistent link: https://www.econbiz.de/10015220099
The present paper, following the philosophical work of Robert Nozick, intends to develop the approach of simplicity in the economic investigation. This purpose contributes to structure a heuristic for projects of investigation that can serve like mark of discussion of grade projects in the...
Persistent link: https://www.econbiz.de/10015220362
In their recent work Thomas S. Schelling (2007, 2010), reiterating original arguments about game theory and its applications to social sciences. In particular, game theory helps to explore situations in which agents make decisions interdependent (strategic communication). Schelling's originality...
Persistent link: https://www.econbiz.de/10015221049
analysis to the new institutional economics. …
Persistent link: https://www.econbiz.de/10015221075